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Stocks
What Most-Favored-Nation Status Could Mean for Pharmaceutical Stocks
Recently, the Trump Administration signed an executive order to lower the prices Americans pay for prescription drugs. According to the administration, the U.S. funds roughly 75% of global pharmaceutical profits despite having less than 5% of the population.It's no secret that brand-name drugs in th...The Motley Fool
Thu, May 15
Economic Indicator
Trump: India has offered US a trade deal with no tariffs
May 15 (Reuters) - U.S. President Donald Trump said on Thursday that India had offered a trade deal that proposed "no tariffs" for American goods, while expressing his dissatisfaction with Apple's (AAPL.O) plans to invest in India.New Delhi is seeking to clinch a trade deal with the U.S....Reuters
Thu, May 15
Economic Indicator
DXY: Markets are very sensitive to comments surrounding FX – OCBC
There was quite a bit of volatility in FX markets overnight, with USD declining at first, in response to the Bloomberg headline that US discussed FX with South Korea. DXY was last at 100.77 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Thu, May 15
Economic Indicator
Euro zone bond yields slip as traders eye US data
Euro zone bond yields edge lowerMarkets await US dateRelief on easing trade tensions fadesEuro zone By Lucy Raitano LONDON, May 15 (Reuters) - Euro zone bond yields slipped on Thursday as traders await key U.S. data due later in the session for a steer on the world's biggest economy, while re...Reuters
Thu, May 15
Other
Qatar will invest $10 billion in Al Udeid Air Base, Trump says
DUBAI, May 15 (Reuters) - U.S. President Donald Trump said on Thursday that Qatar will invest $10 billion in the coming years in the Al Udeid Air Base southwest of Doha, the largest U.S. military facility in the Middle East.Reuters
Thu, May 15
Stocks
UnitedHealth falls on report of criminal probe for possible Medicare fraud
** Shares of health insurer UnitedHealth Group UNH.N fall 6.2% to $288.70 premarket ** The Wall Street Journal reported late on Wednesday that the U.S. Department of Justice is carrying out a criminal investigation into UnitedHealth for possible Medicare fraud** The DOJ's healthcare-fraud unit ...Reuters
Thu, May 15
Stocks
Intel Foundry Is Still Struggling to Win Customers
There have been a few high-profile customer wins for Intel's (NASDAQ: INTC) nascent foundry business and its flagship Intel 18A manufacturing process, including deals with Microsoft and Amazon to produce future chips. The company has also won some business for its advanced packaging technology, and ...The Motley Fool
Thu, May 15
Forex
AUD/USD: Likely to trade in a lower range of 0.6400/0.6465 – UOB Group
A slight increase in downward momentum is likely to lead to a lower range of 0.6400/0.6465 instead of a sustained decline. In the longer run, to continue to rise, Australian Dollar (AUD) must break and hold above 0.6515, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, May 15
Stocks
Cathie Wood Thinks Tesla's Stock Is Going to $2,600, While Bitcoin Will Hit at Least $700,000 by 2030. Which Might Actually Happen?
Cathie Wood is more or less a perma-bull when it comes to tech and artificial intelligence, and many of the exchange-traded funds (ETFs) run by Wood's firm, Ark Invest, reflect this sentiment. Wood also isn't afraid to go out on a limb. Some of her more bullish calls relate to the electric carmaker ...The Motley Fool
Thu, May 15
Stocks
LIVE MARKETS-Asian retail investors favouring domestic markets over US
STOXX 600 down 0.3%Trump: US close to nuclear deal with IranDefence outperforms, energy dragsWall Street futures declineWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com ASIAN...Reuters
Thu, May 15
Other
No time set for Russia-Ukraine talks in Istanbul, Turkish source says
ISTANBUL, May 15 (Reuters) - No time has been set for talks between officials from Russia and Ukraine in Istanbul, where there is currently a technical-level Russian delegation and some U.S. officials, a Turkish foreign ministry source said on Thursday."No time has been set for a meeting yet. In...Reuters
Thu, May 15
Other
Taiwan cannot rule out China holding more drills as president marks a year in office
Taiwan President Lai Ching-te to mark one year in office on May 20China's latest war games around Taiwan took place last monthLai rejects China's sovereignty claims TAIPEI, May 15 (Reuters) - Taiwan cannot rule out that China will hold more military drills to "stir up trouble" aro...Reuters
Thu, May 15
Other
Amid diplomatic flurry, Ukrainian hospital treating war-wounded yearns for peace
Medics in Dnipro treating thousands of wounded Hospital and patients want a peace deal soonStaff want to treat civilians for routine complaintsBy Herbert Villarraga and Alina Smutko DNIPRO, Ukraine, May 15 (Reuters) - As a flurry of diplomacy begins in Turkey, Serhii Ryzhenko and his team of Ukra...Reuters
Thu, May 15
Stocks
Savers Value Village dips after $139 million secondary offering
** Shares of thrift operator Savers Value Village SVV.N fall 1.25% to $9.45 premarket** SVV late Wednesday announced pricing of its secondary offering in which certain investors sold 15 million shares at $9.25 apiece for gross proceeds of $138.8 million** Selling shareholders include alternative inv...Reuters
Thu, May 15
Other
Nissan CEO urges faster Japan-U.S. trade talks
TOKYO, May 15 (Reuters) - Nissan 7201.T CEO Ivan Espinosa said on Thursday he expects Japanese trade negotiators to move more quickly in the country's trade negotiations with the United States, adding he hoped to get clarity on trading rules for the Japanese automaker.Asked at an automotive summ...Reuters
Thu, May 15
Forex
Merck KGaA cautious on 2025 profit on currency effects, tariff uncertainty
By Ludwig Burger FRANKFURT, May 15 (Reuters) - German pharmaceutical and specialty materials group Merck KGaA MRCG.DE on Thursday guided more cautiously for 2025 earnings, citing foreign-exchange effects and uncertainty over tariffs. Earnings before interest, tax, depreciation and amortisation...Reuters
Thu, May 15
Stocks
This Stock Skyrocketed 3,470% in 10 Years and Still Has Room to Grow
Focusing too much on the market's short-term volatility can cause investors to forget that broader equities tend to deliver strong returns over the long run. Zooming out always helps -- when looking at a chart of the performance of major indexes over long periods, even corrections look like relative...The Motley Fool
Thu, May 15
Economic Indicator
Alibaba misses quarterly revenue estimates
May 15 (Reuters) - Chinese e-commerce giant Alibaba 9988.HK reported quarterly revenue that missed Wall Street estimates on Thursday, as the firm works on new strategies to keep consumers spending amid persistent economic weakness and global trade uncertainties.The company reported revenue of 236.45...Reuters
Thu, May 15
Other
Deals of the day-Mergers and acquisitions
May 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** Belgian bank KBC Groep said it has reached a cash agreement to acquire 98.45% of 365.bank, in a deal valuing the Slovakia-based lender at 761 million euros ($852 mi...Reuters
Thu, May 15
